MYG 20.8% 72.5¢ mayfield group holdings limited

Ann: Preliminary Final Report, page-6

  1. 4,258 Posts.
    lightbulb Created with Sketch. 453
    Perhaps it is just my interpretation, but I think they wanted to send a clear message with their final dividend.
    Reminder : they doubled their final dividend (to 2 c) which represents a payout of 80 % for H2 24 vs a policy to have a payout of 33 % (what they paid for H1 dividend).
    So, it means that they do not consider H2 results as a level of recurring profit.
    Unless I am wrong and they are going to change their dividend policy.
    Last edited by saintex: Today, 12:44
 
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